AB Conservative Buffer ETF (NASDAQ:BUFC) Short Interest Update

AB Conservative Buffer ETF (NASDAQ:BUFC) was the recipient of a significant drop in short interest in October. As of October 31st, there was short interest totalling 2,600 shares, a drop of 25.7% from the October 15th total of 3,500 shares. Based on an average daily trading volume, of 38,400 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in BUFC. HighTower Advisors LLC bought a new position in shares of AB Conservative Buffer ETF in the third quarter valued at $3,250,000. N.E.W. Advisory Services LLC bought a new position in shares of AB Conservative Buffer ETF during the second quarter valued at about $800,000. Finally, Quantum Private Wealth LLC purchased a new position in AB Conservative Buffer ETF during the second quarter worth about $413,000.

AB Conservative Buffer ETF Stock Down 0.4 %

Shares of AB Conservative Buffer ETF stock traded down $0.16 during trading hours on Friday, reaching $38.95. The company’s stock had a trading volume of 44,800 shares, compared to its average volume of 95,013. AB Conservative Buffer ETF has a one year low of $35.11 and a one year high of $39.20. The stock’s fifty day simple moving average is $38.63 and its two-hundred day simple moving average is $37.84.

AB Conservative Buffer ETF Company Profile

The AB Conservative Buffer ETF (BUFC) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to participate in the price movement of the SPDR S&P 500 ETF (ticker: SPY), up to a cap while buffering the first 15% decline. The fund resets its buffer and cap levels every three-months BUFC was launched on Dec 13, 2023 and is issued by AB Funds.